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London-listed gold mining company Nativo Resources announces adoption of digital asset reserve policy
Summary: London-listed gold mining company Nativo Resources (LON:NTVO) announced the adoption of a digital asset financial policy, allocating a portion of free cash flow and future financing proceeds to hold Bitcoin as a long-term financial reserve asset, while also meeting operational funding needs. The company has partnered with Copper.co to provide institutional-grade digital asset custody services, ...
London-listed gold mining company Nativo Resources (LON:NTVO) announced the adoption of a digital asset financial policy, allocating a portion of free cash flow and future financing proceeds to hold Bitcoin as a long-term financial reserve asset, while also meeting operational funding needs. The company has partnered with Copper.co to provide institutional-grade digital asset custody services, and is expected to receive additional security support from Nemean Services. Nativo stated that holding both gold and Bitcoin can provide shareholders with diversified inflation hedging tools, emphasizing the complementary nature of Bitcoin's fixed supply and decentralized characteristics with gold's value storage function. However, the company also acknowledges that this move faces risks such as regulation, price volatility, and custody security.
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Link: London-listed gold mining company Nativo Resources announces adoption of digital asset reserve policy [Copy]
